Israel

8 stories since 25 October 2026, newest first

29 October 2026

SK hynix posts record quarterly profit as Asian tech stocks rally

SK hynix reported third-quarter operating profit of US$62.8bn, up 632% on the year, marking six straight quarters of record revenue and operating profit. Asian technology shares surged after the results, with investors citing renewed optimism about artificial intelligence demand. Separately, Anthropic reported first-half revenue growth of about 1,300% in its IPO filing, and Broadcom, Citi, Blackstone and Morgan Stanley announced a US$63bn financing structure for the company. Markets were also awaiting the Federal Reserve's policy decision.

28 October 2026

World

Iran rejects Qatar's new draft deal, citing nuclear demands

Iran has turned down the latest draft proposal presented by Qatari mediators, saying it cannot compromise on its nuclear programme. The rejection follows a senior Iranian official’s statement that the draft’s terms are unacceptable and that Tehran will not lift its nuclear stance. The proposal, which envisions reopening the Strait of Hormuz after a seven‑day confidence‑building plan, was also dismissed by U.S. President Donald Trump. The war, now eight months old, has driven global oil prices higher and cost the U.S. military at least $47.1 billion.

Economy

Pentagon puts Iran war cost above $47 billion

The US military has spent at least $47.1 billion on the war with Iran through 16 Oct, according to a Pentagon estimate shared with Congress and reported by Reuters. Replacing expended munitions is projected to cost more than $29 billion, and replacing lost equipment such as aircraft and drones would require over $6 billion. The figure is more than 25 percent above Defense Secretary Pete Hegseth's July estimate of $37.5 billion. The disclosure comes ahead of the 3 November election that will determine control of Congress. The Pentagon did not immediately respond to a request for comment.

27 October 2026

World

UN panel says Israel still committing genocide in Gaza

A UN commission of inquiry says Israel has continued genocidal acts in Gaza after the October 2025 ceasefire, and that the situation in the West Bank has worsened. Israel's Geneva mission calls the report a misinformation campaign. The Palestinian health ministry reports 74,561 deaths in Gaza since October 2023, including 1,565 since the ceasefire took effect. It also says Israeli forces killed 14 Palestinians over the past two days, including a six-year-old girl. The report covers events from 7 October 2023 to September 2026.

World

Israel election count continues, Netanyahu bloc projected at 53 seats

More than 29,000 double‑envelope ballots, about 6 % of the total, have been counted, and the Central Elections Committee expects the remaining count to finish by the afternoon. Projections after regular ballots show Benjamin Netanyahu’s right‑religious bloc at 53 seats, Gadi Eisenkot’s opposition at 48 seats, and Arab‑led parties at 19 seats, leaving all three blocs short of the 61 seats needed for a majority. Voter turnout reached 77.7 %, the highest since 1999.

26 October 2026

25 October 2026

World

Israel expands West Bank crackdown ahead of election

Israel's military began a multi‑day operation on 23 Oct in the occupied West Bank after two soldiers were killed, carrying out searches, arrests, and demolitions of homes and businesses. The army announced closure of all land crossings on election day, barred Palestinian workers from settlements, and ordered a siege of Hebron, evacuating residents and displacing hundreds.

World

Netanyahu pushes crypto plan as banks warn it cannot dodge sanctions

Prime Minister Benjamin Netanyahu says Israel will explore cryptocurrency to bypass possible banking sanctions, while the Bank of Israel and Israel Central Bank state digital currencies cannot replace trade ties or evade sanctions. Economists, entrepreneurs and opposition parties label the proposal bizarre and warn it could spur capital flight.

Topics